The Logistics of Logistics

MAY 10, 2023

About Jorge Gonzalez Henrichsen Jorge Gonzalez Henrichsen is Co-CEO of The Nearshore Company, where he helps North American, European, and Asian manufacturing companies to successfully establish reliable manufacturing operations in Mexico, by ensuring quality, certifications, transparency, and continuous improvement. Jorge holds a B.A.

Manufacturing Procurement 370

Manufacturing Procurement Sourcing Strategies Cost Reduction Supply Chain Design 370

The Lean Thinker

JULY 2, 2024

Nor did they talk about executive bonuses or using excess cash for stock buybacks to raise the price of outstanding stock rather than investing that money into developing new aircraft; improving existing products or processes; or distributing that profit as dividends to the shareholders.

Supply Chain Design Software 397

Supply Chain Design Software Price Reduction Supply Chain Planning Software Optimization Software 397

Bringg

MARCH 24, 2021

To meet the new demand, companies will have to adjust their operations for greater efficiency, flexibility, and cost reduction. Supply chain optimization ensures a smoother process and a more successful business model focusing on efficiency and profit. What is supply chain optimization? . The three phases of a supply chain : 1.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Supply Chain Software Supply Chain Design Software 62

Logistics Viewpoints

FEBRUARY 28, 2022

Machine Learning, a Form of Artifical Intelligence, Has Feedback Loops that Improve Forecasting. In the course of updating our annual research on the supply chain planning market , I talked to executives across the industry. Starting with a first principles model, according to AspenTech, improves accuracy significantly.

Supply Chain Planning Software 142

Supply Chain Planning Software Supply Chain Design Software Optimal Sourcing Supply Chain Software 142

Logistics Bureau

JANUARY 2, 2025

Next, I would have to fine-tune the planning by shuffling orders between the loads until I had ‘optimised’ the routes for that areaon a purely subjective basismeaning that I had to be the sole judge of what was optimal. Automated route planning software is improving in effectiveness and costs are coming down.

Logistics Network Optimization Software 75

Logistics Network Optimization Software Optimization Software Optimal Sourcing Logistics 75

AIMMS

OCTOBER 1, 2019

With rising supply chain complexity, organizations are racing to improve the pace and quality of decision-making. AIMMS has been in the market of prescriptive analytics (otherwise known as mathematical optimization) since 1989. Source: Gartner, Forecast Snapshot: Prescriptive Analytics Software, Worldwide, 2019.

Optimal Sourcing 104

Optimal Sourcing Supply Chain Planning Software Optimization Software Modeling Software 104

FreightWaves SONAR

DECEMBER 29, 2020

Load capacity limits play a crucial part in a supply chain network organization, logistics metrics management, and procurement in the shipping industry. Freight management parties need to understand why procurement falters without technology and how technology can boost sourcing across all industries.

Supply Chain Design Software 98

Supply Chain Design Software Supply Chain Planning Software Optimal Sourcing Supply Chain Software 98

Logistics Bureau

AUGUST 2, 2021

Whether you’re planning to benchmark your supply chain or simply trying to improve how you measure its performance, it makes sense to know a little about the most commonly used KPIs for each supply chain component. 7 Procurement KPIs You Should be Using. Supplier Lead Time. Cost per Purchase Order and Cost per Invoice.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Logistics Viewpoints

JULY 14, 2021

The complete process would include procurement, creation of a route guide, planning and optimization, electronic communication with carriers, visibility and exception management, freight audit, and performance management. Companies are looking at TMS to reduce costs while improve sustainability initiatives. A Proven ROI.

Optimization Software 111

Optimization Software Supply Chain Planning Software Supply Chain Design Software Modeling Software 111

Logistics Bureau

DECEMBER 28, 2024

He suggested that businesses are more likely to prosper if they focus on meeting the needs of customers, instead of selling products. The first thing for any 3PL to do is to understand the nature of its market and the need it meets. All you need is your credit card (and a driving licence, of course.)

3PL 74

3PL Trends Supply Chain Design Software Industry 74

Blue Grace Logistics

NOVEMBER 21, 2023

They are adapting their strategies to meet the increasing demand for frozen alternatives, ensuring the supply chain remains seamless and the transition from manufacturer to freezer aisle is as efficient as possible. As this movement gains momentum, its effects ripple through various segments of the consumer landscape.

Optimal Sourcing 117

Optimal Sourcing Sourcing Strategies Resource Reduction Optimization Software 117

Logistics Viewpoints

MARCH 4, 2021

Digital commerce efficiently requires the digitalization of many customer-facing operations and sourcing and procurement. Supply chain planning involves interaction with different types of information based on internal and external data sources. This includes internal and external data sources.

Supply Chain Planning Software 116

Supply Chain Planning Software Scenario Planning Supply Chain Software Optimal Sourcing 116

Logistics Business Magazine

NOVEMBER 13, 2024

“Businesses that scenario plan effectively will stay the course. AI can analyse data from various sources to predict potential disruptions, such as weather events or geopolitical tensions, allowing businesses to take proactive measures. By focusing on these areas, businesses can enhance customer satisfaction and loyalty.”

Inventory Reduction 49

Inventory Reduction Waste Reduction Sourcing Strategies Cost Reduction 49

The Lean Thinker

MARCH 23, 2023

Job Methods, teaching the skill of analyzing work with an eye to improve efficiency. In many cases the material these current-day trainers use deviates very little from the source material. The challenge, of course, is that nobody owns this material. Can we do something which will improve loyalty and cooperation?

Buyer Training 195

Buyer Training Material Savings Course Optimal Sourcing 195

Transporeon

SEPTEMBER 19, 2017

Transportation procurement, the process of identifying and evaluating logistics providers, is a game of options. Combinatorial optimization can lighten the load The resources required to solve those questions manually are simply unfeasible. This is where combinatorial optimization can help. On behalf of a U.S.-based

Optimal Sourcing 48

Optimal Sourcing Optimization Software Optimization Vendor Strategies 48

Logistics Viewpoints

FEBRUARY 28, 2023

This strategy allows logistics providers to remain agile, optimize fulfillment workflows and efficiently handle orders received from multiple selling channels in a single facility. So, if an organization has multiple inventory sources (warehouses, stores, drop shipping, Fulfillment by Amazon (FBA), etc.)

Optimal Sourcing 111

Optimal Sourcing Inventory Reduction Sourcing Strategies Vendor Strategies 111

Logistics Bureau

NOVEMBER 26, 2024

Where the existing in-house operation is very inefficient, inappropriately resourced or could gain significantly from being incorporated into a larger operation, then of course savings may be possible. The fee structure should encourage improved service performance. The fee structure should encourage a cost reduction culture.

3PL 98

3PL Negotiating Skills Outsourcing Price Reduction 98

Logistics Viewpoints

MARCH 1, 2021

But in 2016, Philip Morris International decided to change the course of its history by leading a transformation in the tobacco industry to create a smoke-free future based on products, which while not risk-free—are a better choice for adult smokers than continuing to smoke. It was predictable.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 111

Logistics Viewpoints

APRIL 7, 2022

This kind of disruption causes major dislocation in the sources of demand and shifts the centers of gravity for demand, forcing organizations to rethink their supply chain design. For the longest time, supply chain organizations’ major objective was cost optimization. This further adds to lead times.

Supply Chain Design Software 129

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 129

GlobalTranz

JANUARY 10, 2017

From artificial intelligence to refocusing on procurement, the state of supply chain continued to explode throughout 2016, and you need to understand why. In other words, the use of AI may help to improve patient outcomes and reduce delays from misdiagnoses or laboratory testing. The State of Supply Chain 2016 Trends.

Manufacturing Procurement 65

Manufacturing Procurement Optimal Sourcing Procurement Analytics Procurement Solutions 65

AIMMS

OCTOBER 1, 2019

With rising supply chain complexity, organizations are racing to improve the pace and quality of decision-making. AIMMS has been in the market of prescriptive analytics (otherwise known as mathematical optimization) since 1989. Source: Gartner, Forecast Snapshot: Prescriptive Analytics Software, Worldwide, 2019.

Optimal Sourcing 83

Optimal Sourcing Supply Chain Planning Software Optimization Software Modeling Software 83

SYSPRO Smarter ERP

NOVEMBER 25, 2021

In this blog we will envision the factory of the future and how it will change and improve the factory structure and processes. Improved quality and availability of information to provide critical business insights. What does the smart factory mean for business? Human-tech augmentation. Sustainable supply chains.

Factories 105

Factories Supply Chain Design Software Supply Chain Planning Software Optimization Software 105

GoShip Blog

JULY 7, 2022

If you own an eCommerce store, optimizing your business for same-day deliveries can be beneficial both to your business and to your customers. DOMS also help meet consumer demand by ensuring there’s enough workers at each fulfillment center on any given day. It is possible to use expenses as additional sources of revenue.

Optimal Sourcing 52

Optimal Sourcing Optimization Software eCommerce Tips 52

AIMMS

FEBRUARY 3, 2020

Moving past waste, water, and C02 reduction, they have begun searching for renewable energy sources, different forms of packaging, and increased efficiency overall. More and more enterprises will be focusing on processes like ethical sourcing, reverse logistics, and using green materials in response to public demands.

Supply Chain Planning Software 103

Supply Chain Planning Software Supply Chain Software Scenario Planning Supply Chains 103

Logistics Viewpoints

OCTOBER 10, 2022

in turn, is a boutique procurement consultancy. As the Automotive OEMs improved their supply chain risk management processes, they then turned to their key suppliers to improve their risk management processes. The company works hard to meet the demanding requirements for quality, innovation, and cost from their OEM customers.

Supply Chain Planning Software 119

Supply Chain Planning Software Supply Chain Software Supply Chains Optimal Sourcing 119

Talking Logistics

AUGUST 8, 2017

The first example is to use machine learning for improving the results of your promotions and improving sales. Moreover, it is often an underused powerful lever to achieve your objective and beat your budget in the scope of your S&OP meetings. Machine learning to improve S&OP adoption.

Optimal Sourcing 90

Optimal Sourcing Supply Chain Planning Software How To Scenario Planning 90

SYSPRO Smarter ERP

NOVEMBER 24, 2021

In this blog we will envision the factory of the future and how it will change and improve the factory structure and processes. Improved quality and availability of information to provide critical business insights. What does the smart factory mean for business? Human-tech augmentation. Sustainable supply chains.

Factories 98

Factories Supply Chain Design Software Supply Chain Planning Software Optimization Software 98

Logistics Bureau

APRIL 18, 2019

Source: Council of Supply Chain Management Professionals 2017 Survey. Of course the same is true in many professions, but is particularly so in the arena of supply chain and logistics. Let’s look at them from the perspective of the supply-chain Plan, Make, Source, and Deliver model. Types of Job in Supply Chain and Logistics.

Manufacturing Procurement 89

Manufacturing Procurement Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 89

FreightWaves SONAR

FEBRUARY 11, 2021

Digital freight matching is growing more valuable as a way to source meaningful capacity Companies and freight managers that have embraced digital technology and automation remain more likely to thrive. And it has opened new channels for capacity procurement. Fast and accurate communication among all involved parties to avoid delays.

Sourcing Strategies 98

Sourcing Strategies Cost Reduction Supply Chain Planning Software Optimization Software 98

Ship Monk

APRIL 13, 2023

While both are important in terms of maintaining customer satisfaction, today we’re going to focus on speed — specifically, order cycle time and ways to improve it. On the other hand, if new orders are coming in faster than they can fill them, that’s a good indication that order cycle time needs improvement. What is Order Cycle Time?

eCommerce 98

eCommerce Ordering Optimal Sourcing Inventory Reduction 98

Logistics Viewpoints

OCTOBER 20, 2022

The frequency of RFP events is only one area that can be improved as shippers look for a better way to manage freight procurement processes. Some items on a shipper’s “Wish List” for freight procurement are flexibility, visibility, and efficiency. Break out the eggnog because there is a better way to manage freight procurement.

Optimal Sourcing 105

Optimal Sourcing Freight Procurement Logistics Network Optimization Software 105

Ship Monk

MARCH 30, 2024

When ShipMonk started, one of the driving forces was shaking up the long-static logistics industry with innovation that would allow ecommerce brands to grow and scale optimally. If your ecommerce brand imports from international sources, this is definitely a reason why ShipMonk should be your 3PL of choice. Have more questions?

3PL 105

3PL Supply Chain Design Software Optimization Software Supply Chain Software 105

Logistics Bureau

DECEMBER 6, 2024

Indeed, gamification is becoming an increasingly popular feature across the entire supply chain, from procurement to last-mile delivery. But is gamification really a responsible approach to improving supply chain performance? Essentially, gamification is just an expansion of the use of metrics and KPIs to measure human performance.

Supply Chain Design Software 73

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 73

Logistics Bureau

DECEMBER 22, 2024

KPIs in Supply Chain The Basics As in any business activity, supply chain operations need to focus doggedly on improvement to compete in the marketplace, but how do you know if your supply chain performance is satisfactory or getting better or, god forbid, worsening? For this reason, KPIs are essential for any business improvement strategy.

Supply Chains 74

Supply Chains Procurement Analytics Inventory Reduction Purchasing Skills 74

Logistics Bureau

JANUARY 7, 2020

Of course, it is helpful to have some statistics on hand to validate the statement above. Such an approach results in unnecessary cost, a lack of resilience, and unwanted challenges in meeting customer service requirements – yet sadly, it’s still the approach most commonly taken. . Mini Case Study: Whirlpool.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

Blue Grace Logistics

JULY 21, 2020

You need to pick up the pace and ensure that your processes are leaner, faster, and you are equipped to meet your customer’s expectations. Understanding the nuances of your supply chain and how to improve upon it is the best way to achieve maximum savings, optimize efficiency, and manage customer expectations.

Optimal Sourcing 62

Optimal Sourcing Supply Chain Planning Software Cost Reduction Supply Chain Software 62

WorkWave

MARCH 27, 2025

When customers are waiting on crucial deliveries, meeting their timeline isnt about adhering to instant gratification; its about ensuring they have the goods and resources they need, when they need them. In addition to the direct financial impact, shifting tariffs can also spark changes to overall supply chain efficiency.

Supply Chain Planning Software 52

Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software Optimization Software 52